With 20.8% of all retail transactions occurring online in 2023, technological advancements are the driving force behind how customers shop. In today’s dynamic landscape, everything is rapidly evolving, from how we browse through our favorite stores to how we purchase something, and Augmented Reality is one of them. Since customer...
Artificial Intelligence has come a long way since its conceptualization in science fiction. What was once an imaginative idea is now a reality, revolutionizing various aspects of our lives. From self-driving cars to natural language processing, Artificial Intelligence is transforming industries and reshaping the future. In this blog, we will...
In October 2022, my firm had the pleasure of hosting a private reception during Money 20/20 — a leading fintech conference held annually in Las Vegas. The conference brings the money ecosystem together under one roof, with professionals representing financial institutions, insurance companies, fintech VCs and startups, corporate law, and...
With the world still battling the coronavirus (COVID-19) outbreak, conferences and workshops are being canceled or postponed until further notice. If you were organizing an event for your company and don’t know how to continue, contact a virtual keynote speaker. With modern technology, video conference calls are easy to set...
Don’t be fooled -- there’s nothing new about virtual spaces, which are essentially spaces online where any number of users and devices can interact. The notion of “virtual spaces” actually dates back to the origins of the Internet (in 1962) when a series of memos by J.C.R. Licklider at MIT...
On its face, the term metaverse implies a single place. This might seem to mean that the metaverse has to be experienced by everyone in the same way. Yet the reality is that users can and should experience the metaverse in different ways. And when one closely examines Extended Reality...
Extended reality, commonly referred to as XR, is becoming a prevalent technology many companies use in various industries. XR consists of immersive technologies that have proven their capabilities in the gaming industry, for example. It's expected that XR headset shipments will increase to 105 million by 2025. Aside from implementation...
Augmented reality (AR) is continuously paving the way for more engaging interactions between businesses and their target customers. In more ways than one, AR-based customer experience can ensure increased customer satisfaction and business conversion. According to a study, a whopping 71% of customers have very favorable opinions about AR in...
The old saying is that software will eat the world. In reality, digital has eaten humanity. We are so consumed today in our digital lives that nearly every trending story pertains to the digital space — NFTs, Defi, cryptocurrency, social networking, cloud gaming, SaaS, metaverse, OTT streaming — all related...
COVID-19 has changed the way people worldwide behave daily, and nowhere is this felt more keenly than in bricks-and-mortar retail. For decades, retailers have been trying various customer engagement strategies to bring people in and let them browse samples and linger to their heart’s content. But the pandemic has made...
Pandemics and economic downturns are always times of innovation as we try to navigate our way forward through difficulties. We have had the benefit of technology to help us get through this unprecedented time in history, and that has salvaged much of our daily lives that could have been destroyed....
Apple’s CEO Tim Cook is all praise for augmented reality. When quizzed about his fascination for AR, during a company’s earnings call meeting, he answered, “I see apps that make me want to go to K-12 again and repeat my schooling because it changes the game in the classroom." Augmented...
The increased digitization and tendency to automate complex manufacturing processes have dredged up technologies that date back to the 70s. Digital Twin is one of those disruptive technologies that went through multiple advancements and made colossal headway to be recently named as a strategic technology by Gartner. Manufacturers aspire to...
Augmented reality has significantly transformed the way we use our smartphones in the current era. With the enhanced interactivity becoming the biggest priority; AR has reinvented the way the users interact and receive information. Have you ever wondered about the powerful engine that derives extremely high-end user experience by combining...
Augmented reality is already a thing, for example Pokémon Go. The game combines the real world with the Pokémon (fictional characters). Although it is a augmented reality, you can tell it's not real because it's clear that you're looking at a phone screen. In recent days, companies such as Microsoft and Magic...
Artificial intelligence is a known phenomenon in the world today. Its root started to build years ago but the tree started to grow long after. Right now, artificial intelligence is at the complete stretch and with increasing knowledge of what its potential is, the world is jiggling with it. Now...
Augmented reality (AR) is obviously one of the world’s biggest digital stories of all time. The successful release and debut of Pokémon Go happened to be a striking demonstration of the potential abilities of the new technology which is aimed at providing a new and solid platform for customer engagement....
Google has launched its own augmented reality kit for developers, called ARCore, a lighter version of the company’s Tango platform that does not require any specialized hardware to run. ARCore is a light software development kit, similar to Apple’s ARkit, which is able to track motion, understand flat surfaces, and...
Grishin Robotics, an international venture fund with Russian roots, is investing massively in bikesharing platforms. Over the past four months the fund has completed no less than three deals in this segment: In May, it led an $8 million Series A funding round for Spin, a pioneer in this field in the US market....
IKEA will be one of the launch partners for Apple’s augmented reality framework, bundled into the iOS 11 release. The new AR app will show customers virtual furniture in their own home. Customers take a series of photos of a room before choosing from IKEA’s vast selection of furniture. The...
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